Oaktree & Brookfield Amend TORM plc Filing

TL;DR

Oaktree & Brookfield updated their TORM plc filing on 3/14. Ownership details to follow.

AI Summary

Oaktree Capital Group Holdings GP, LLC, along with other group members including Brookfield Asset Management Ltd., filed an amendment to their Schedule 13D on March 14, 2024, concerning TORM plc. The filing indicates a change in beneficial ownership, though specific new holdings or dollar amounts are not detailed in this excerpt.

Why It Matters

This filing signals a potential shift in significant ownership stakes in TORM plc, which could influence the company's strategic direction and market perception.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D filings often indicate significant changes in beneficial ownership, which can lead to market volatility.

Key Players & Entities

• Oaktree Capital Group Holdings GP, LLC (company) — Filing entity
• TORM plc (company) — Subject company
• Brookfield Asset Management Ltd. (company) — Group member
• 20240314 (date) — Filing date

FAQ

Key Financial Figures

• $0.01 — suer) Class A common shares, par value $0.01 per share (Title of Class of Securitie

Filing Documents

• ef20024076_sc13da.htm (SC 13D/A) — 243KB
• 0001140361-24-013251.txt ( ) — 245KB

(a)-(b) are hereby amended and restated as follows

Item 5 (a)-(b) are hereby amended and restated as follows: (a) and (b) The information contained on the cover pages of this Schedule 13D is incorporated herein by reference. Ownership percentages set forth in this Schedule 13D assume 90,856,441 Class A Shares outstanding as of March 12, 2024, which is based on information provided by the Issuer. As of the date hereof, each of the Reporting Persons may be deemed the beneficial owner of 51,006,538 Class A Shares, which represents approximately 56.14% of the total outstanding Class A Shares. This Amendment No. 11 is being filed to reflect a change in the percentage previously reported solely as a result of the change in the outstanding Class A Shares. There have been no other material changes to the information previously reported or transactions by the Reporting Persons since the filing of Amendment No. 10 to the Schedule 13D. Neither the filing of this Statement nor any of its contents shall be deemed to constitute an admission by any of the Reporting Persons that such person is the beneficial owner of any of the Class A Shares referred to herein for purposes of the Act, or for any other purpose. Item 7. Materials to be Filed as Exhibits Exhibit A Joint Filing Agreement, dated as of December 4, 2023, among the Reporting Persons, incorporated by reference to Exhibit A to Amendment No. 8 to the Schedule 13D.

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: March 14, 2024 OCM NJORD HOLDINGS S. R.L. By: /s/ Martin Eckel Name: Martin Eckel Title: Manager OAKTREE CAPITAL MANAGEMENT GP, LLC By: /s/ Henry Orren Name: Henry Orren Title: Senior Vice President ATLAS OCM HOLDINGS, LLC By: /s/ Henry Orren Name: Henry Orren Title: Senior Vice President OAKTREE CAPITAL GROUP HOLDINGS GP, LLC By: /s/ Henry Orren Name: Henry Orren Title: Senior Vice President BROOKFIELD ASSET MANAGEMENT ULC By: /s/ Kathy Sarpash Name: Kathy Sarpash Title: Managing Director, Legal & Regulatory BROOKFIELD CORPORATION By: /s/ Swati Mandava Name: Swati Mandava Title: Managing Director, Legal & Regulatory BROOKFIELD ASSET MANAGEMENT LTD. By: /s/ Kathy Sarpash Name: Kathy Sarpash Title: Managing Director, Legal & Regulatory BAM PARTNERS TRUST By: /s/ Kathy Sarpash Name: Kathy Sarpash Title: Secretary

View Full Filing

View this SC 13D/A filing on SEC EDGAR